29 Apr 2015

Prices were not able to stay above their breakout level which leads me to think bids are weak and not confident for a sustainable push higher.  Another much more powerful Bradley date come in on May 10th.  So we have at least a week of back and forth before any significant price action happens (Up or Down).  The pattern higher from The April lows could also be a 3 wave affair on an ending diagonal 5th.  But with the ST turning down today we could see this wave possibility fail. 

MT: UP
ST: DOWN
PA: NA

Mixed signals are typed out above, and do not lead to any conclusive direction.  Look for acceleration of price to indicate direction in tomorrows session.